pension

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pension

(1) A regular payment plan intended to provide a person who retired from a job with a secure income for life.
(2) A monthly payment from a pension.
References in periodicals archive ?
Unwin's pension will be unaffected because he retires in two years, so his previous higher wage counts as his pensionable salary.
Allowances for broadcasting, training, sailing or flying are not pensionable in the final salary system.
"Plaid Cymru has consistently campaigned to protect pensions and against rises in the pensionable age that will mean Wales loses out.
Memorandum of Understanding (MoU) with the troika all civil servants and state officials will have to contribute three per cent of their pensionable salaries towards the widows and orphans fund.
But under the change, their pensionable pay will increase 2 per cent or less to a maximum pounds 25,000.
The company plans to increase its commitment from 10.5% to 16% of pensionable salary.
1951: The pensionable age dropped from 70 for men and 65 for women, May 9 to 65 and 60 respectively.
pounds ONE in two people in their 20s believe they will have to work through their pensionable years to make ends meet.
It was their rhyming reply to a Cambridgeshire housewife who had responded in verse to their reminder that she was reaching pensionable age.
Showbiz stars, actors and personalities of pensionable age gathered in the music room to mingle with the Queen and the Duke of Edinburgh.
He will argue the pensionable age could be allowed to rise automatically alongside life expectancy, the paper reported.
The First Minister celebrated his 65th birthday this week, and in doing so will reach pensionable age for men in the UK.